Wagering on UFO Sighting in London

Aug 10, 2012 5:29 am ET

By Dipti Kapadia

What were the odds that a UFO would fly over the Olympic Stadium during the opening ceremony? Which athlete will be caught eating a McDonald’s Big Mac? Most importantly, what color will the queen’s hat be during the closing ceremony?

Betting culture in the U.K. is big, and during events like the Olympics, classic novelty bets become popular at the bookies. WSJ’s Dipti Kapadia visits London’s betting agencies to find out what people are putting their money on.

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